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If you don't repay your student loan, it dies with you. They won't go after your estate for the balance.
by ourmandave 3y ago
If you don't repay your student loan, it dies with you.
They won't go after your estate for the balance.
- swagasaurus-rex 3y agoAt great sacrifice to your credit score
- kayodelycaon 3y agoDeath makes your credit score somewhat irrelevant.
- cannonpalms 3y agoDead people don't have or need credit scores
- huehehue 3y agoSpeak for yourself, in my town you can't get a decent plot without at least a 760 FICO
- solarmist 3y agoSure, but the bulk of those consequences are decades away so effectively they don’t exist (or are at least invisible). So schools and lenders are acting as if it’s true.
- yardie 3y agoHospice and long-term care would have already picked through those bones. Unless you're rich there isn't much of an estate to go after.
- codegeek 3y agoSure but then it depends on *when* you die. Let's say you graduate at 22/23 and live till 70. For almost 50 years, you will be chased for that debt. Is that a good way to live ?
- tekknik 3y agoI mean after a while debt collector calls become easy to avoid and block.